Mold-Tek Packaging posts 35.5% rise in net profit at `21 crore in Q2FY27

In Short

The company reported a revenue from operations of Rs 274.22 crore, an increase of 30.1 per cent over the corresponding period of last fiscal year.

Mold-Tek Packaging posts 35.5% rise in net profit at `21 crore in Q2FY27
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Mold-Tek Packaging posts 35.5% rise in net profit at `21 crore in Q2FY27

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Hyderabad: Mold-Tek Packaging posted a net profit of Rs 21.06 crore in the second quarter of current financial year, which was an increase of 35.5 per cent over the same period last year.

The company reported a revenue from operations of Rs 274.22 crore, an increase of 30.1 per cent over the corresponding period of last fiscal year.

The company’s operating profit (EBITDA) grew 27.7 percent to Rs 51.3 crore.

“We delivered pharmaceutical performance in spite of turbulent times. The operating environment during the quarter remained challenging, marked by sharp increases in raw material prices and constraints in material availability arising from geopolitical disruptions,” Chairman & MD, J Lakshmana Rao said.

“However, as always in line with the pre-agreed pricing arrangements with customers, the company successfully passed on the increase in raw material costs, thereby protecting its operating margins. Despite the seasonal low demand typically associated with second quarter, the company achieved a healthy EBITDA per kg of Rs 46.49 (up by 30 per cent of Q2 of FY26), reflecting its ability to effectively manage input cost volatility and improve operational efficiencies and expanding demand for its product range,” he added.

Mold-Tek's pharma packaging business continued its strong growth trajectory, the company saidadding that this segment registered a 26.30 per cent year-on-year volume growth during Q2 FY2027. Its food & FMCG packaging segment, including Q-Pack, registered an impressive 23.7 per cent year-on-year volume growth during the second quarter of current financial year.

‘We are starting commercial production of IODEX containers from third quarter of FY27 and also other new packs are under development for 3 more new multinational companies.

The Hans India
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